Whirlpool (NYSE:WHR) Stock Rating Lowered by Wall Street Zen

Whirlpool (NYSE:WHR) was downgraded by investment analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Other research analysts also recently issued reports about the company. Bank of America lowered their target price on Whirlpool from $38.00 to $31.00 and set an “underperform” rating for the company in a research report on Friday, September 11th. The Goldman Sachs Group reduced their price target on shares of Whirlpool from $48.00 to $41.00 and set a “neutral” rating on the stock in a research report on Monday, October 12th. Mizuho decreased their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Royal Bank Of Canada lowered their price objective on shares of Whirlpool from $32.00 to $22.00 and set an “underperform” rating for the company in a research report on Wednesday, October 7th. Finally, Citigroup lowered their price objective on shares of Whirlpool from $48.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday, October 12th. Nine equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $36.44.

Whirlpool Price Performance

Shares of Whirlpool stock opened at $28.11 on Friday. The stock has a 50 day moving average of $33.83 and a 200 day moving average of $40.18. Whirlpool has a 12 month low of $26.08 and a 12 month high of $94.82. The firm has a market cap of $1.83 billion, a PE ratio of 9.63, a PEG ratio of 24.99 and a beta of 1.21. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the prior year, the business earned $1.34 EPS. The business’s quarterly revenue was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, research analysts expect that Whirlpool will post 1.13 EPS for the current fiscal year.

Institutional Trading of Whirlpool

Several institutional investors and hedge funds have recently made changes to their positions in WHR. Primecap Management Co. CA bought a new position in shares of Whirlpool in the second quarter worth about $141,801,000. RWWM Inc. lifted its holdings in Whirlpool by 191.6% during the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after buying an additional 1,591,849 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in Whirlpool during the 2nd quarter valued at about $61,003,000. Nykredit A S purchased a new stake in Whirlpool in the 2nd quarter valued at about $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Whirlpool in the 2nd quarter valued at about $24,601,000. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Company Profile

Whirlpool Corporation (NYSE: WHR) is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.

Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.

The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.